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Oil & Gas Pumps Market by Type (Centrifugal, Positive Displacement (Screw Pumps, Reciprocating Pumps, Rotary & Gear Pumps, Progressive Cavity Pumps), Cryogenic), Application (Upstream, Midstream, Downstream), Region - Global Forecast to 2023

Oil & Gas Pumps Market by Type (Centrifugal, Positive Displacement (Screw Pumps, Reciprocating Pumps, Rotary & Gear Pumps, Progressive Cavity Pumps), Cryogenic), Application (Upstream, Midstream, Downstream), Region - Global Forecast to 2023
“The global pumps market in oil & gas industry is projected to grow at a CAGR of 4.12% from 2018 to 2023.”
The global pumps market in oil & gas industry is projected to reach USD 10.36 billion by 2023 from an estimated USD 8.47 billion in 2018, at a CAGR of 4.12%. This growth can be attributed to the increasing unconventional resources in the North American, South American, and Asia Pacific regions and development of gas terminals. Fluctuating crude oil prices along with growth in renewable energy can hinder the growth of the market.

“The midstream application segment is expected to be the fastest growing market from 2018 to 2023.”
The midstream segment is estimated to be the fastest growing during the forecast period. North America is estimated to hold the largest market in the midstream segment, followed by Asia Pacific. Growth of unconventional resources in these regions is creating the need for an expanded midstream network of pipelines, rail, tankers, and terminals, thus, driving the pumps market in oil & gas industry during the forecast period.

“Middle East & Africa: The fastest growing market for oil & gas pumps”
The Middle East & Africa region is expected to be the third largest pumps market by 2023 and is projected to grow at the highest CAGR during the forecast period. The pumps market in the oil & gas industry in this region is mainly driven by the investments in the oil & gas sectors. The government of Saudi Arabia is taking initiatives to control the oil & gas sector of the country by identifying new oil fields, expanding existing fields, and enhancing production. According to Reuters, Kuwait is expected to witness an investment worth USD 1.1 billion by the Kuwait Foreign Petroleum Corporation in the oil & gas sector to boost its production. Such investments are expected to drive the pumps market in oil & gas industry during the forecast period.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1 – 60%, Tier 2 – 27%, and Tier 3 – 13%
By Designation: C-Level – 35%, Director Level – 25%, and Others – 40%
By Region: Asia Pacific – 30%, North America – 27%, Middle East & Africa – 25%, and Europe – 10%, and South America – 8%

Note: Others includes sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined on the basis of their total revenue as of 2017. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3:
The leading players in the pumps market in oil & gas industry are Flowserve (US), Sulzer (Switzerland), KSB (Germany), Weir Group (UK), and Grundfos (Denmark).

Research Coverage:
The report defines, describes, and forecasts the global pumps market in oil & gas industry, by type, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the pumps market in oil & gas industry.

Why Buy this Report?
1. The report identifies and addresses key markets for pumps in oil & gas industry, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table OIL & GAS PUMPS MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE OIL & GAS PUMPS MARKET DURING THE FORECAST PERIOD
    • OIL & GAS PUMPS MARKET, BY COUNTRY
    • NORTH AMERICA OIL & GAS PUMPS MARKET, BY APPLICATION & COUNTRY
    • OIL & GAS PUMPS MARKET, BY TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
    • DRIVERS
      • GROWTH OF UNCONVENTIONAL RESOURCES IN NORTH AMERICA, SOUTH AMERICA, AND ASIA PACIFIC
      • DEVELOPMENT OF GAS TERMINALS
    • RESTRAINTS
      • GROWTH IN RENEWABLE ENERGY
      • LOW OIL & GAS PRICES
    • OPPORTUNITIES
      • NEW DISCOVERIES OF RESERVES IN THE AFRICAN REGION
    • CHALLENGES
      • HIGH LEVEL OF COMPETITION
      • MANAGING LEAD TIME OF PRODUCT
  • OIL & GAS PUMPS MARKET, BY TYPE
    • INTRODUCTION
      • Table OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
    • CENTRIFUGAL PUMP
      • Table CENTRIFUGAL PUMP: OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD MILLION)
    • POSITIVE DISPLACEMENT PUMP
      • Table POSITIVE DISPLACEMENT PUMP: OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD MILLION)
      • SCREW PUMP
      • RECIPROCATING PUMP
      • ROTARY & GEAR PUMP
      • PROGRESSIVE CAVITY PUMP
        • Table POSITIVE DISPLACEMENT PUMP: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • DIAPHRAGM PUMP
      • MULTI-PLUNGER PUMP
      • PISTON PUMP
        • Table RECIPROCATING PUMP: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
    • CRYOGENIC PUMP
      • Table CRYOGENIC PUMP: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
  • OIL & GAS PUMPS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • UPSTREAM
      • SEAWATER LIFT PUMP
      • WATER & CO2 INJECTION
      • SAFETY & FIREFIGHTING
      • GATHERING & SEPARATIONS
        • Table UPSTREAM: OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD MILLION)
        • Table UPSTREAM: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • MIDSTREAM
      • PIPELINE & TRANSPORTATION
      • TERMINAL
      • CO2 PIPELINE
      • OTHERS
        • Table MIDSTREAM: OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD MILLION)
        • Table MIDSTREAM: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • DOWNSTREAM
      • PRIMARY PROCESSING
      • SECONDARY PROCESSING
      • STORAGE & TRANSFER
        • Table DOWNSTREAM: OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD MILLION)
        • Table DOWNSTREAM: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
  • OIL & GAS PUMPS MARKET, BY REGION
    • INTRODUCTION
      • Table OIL & GAS PUMPS MARKET, BY REGION, 2016–2023 (USD BILLION)
    • NORTH AMERICA
      • BY TYPE
        • Table NORTH AMERICA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: OIL & GAS PUMPS MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • US
        • Table US: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table US: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • CANADA
        • Table CANADA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table CANADA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table MEXICO: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • BY TYPE
        • Table ASIA PACIFIC: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table ASIA PACIFIC: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: PUMP MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table CHINA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table CHINA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table JAPAN: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table JAPAN: OIL & GAS PUMPS MARKET SIZE, BY APPLICATION, USD MILLION, 2016–2023
        • Table INDIA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table INDIA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SOUTH KOREA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table SOUTH KOREA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table AUSTRALIA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table AUSTRALIA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • EUROPE
      • BY TYPE
        • Table EUROPE: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: OIL & GAS PUMP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table RUSSIA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table RUSSIA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table GERMANY: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table GERMANY: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table UK: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table UK: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table NORWAY: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table NORWAY: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table FRANCE: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table FRANCE: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table ITALY: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table ITALY: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table REST OF EUROPE: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table REST OF EUROPE: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY TYPE
        • Table MIDDLE EAST & AFRICA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST & AFRICA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: OIL & GAS PUMPS MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table SAUDI ARABIA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table SAUDI ARABIA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table UAE: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table UAE: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table KUWAIT: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table KUWAIT: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table QATAR: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table QATAR: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table ANGOLA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table ANGOLA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table NIGERIA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table NIGERIA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • BY TYPE
        • Table SOUTH AMERICA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: OIL & GAS PUMPS MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table BRAZIL: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table BRAZIL: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table ARENTINA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table ARENTINA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table VENEZUELA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table VENEZUELA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: OIL & GAS PUMPS MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: OIL & GAS PUMPS MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS AND INDUSTRY CONCENTRATION, 2017
    • COMPETITIVE SCENARIO
      • Table LEWA, SULZER, AND WEIR GROUP WERE THE MOST ACTIVE PLAYERS IN THE MARKET BETWEEN 2015 AND 2018
      • CONTRACTS & AGREEMENTS, 2015–2018
      • NEW PRODUCT DEVELOPMENTS, 2015–2018
      • INVESTMENTS & EXPANSIONS, 2015–2018
      • MERGERS & ACQUISITIONS, 2015–2018
      • PARTNERSHIPS, 2015–2018
  • COMPANY PROFILES
    • ALFA LAVAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • FLOWSERVE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • GARDNER DENVER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • GE OIL & GAS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • GRUNDFOS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • KSB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS & EXPANSIONS
    • SULZER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • WEIR GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • XYLEM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • LEWA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SCHMITT KREISELPUMPEN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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